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BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


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Date : Nov 27, 2020
Results of Underwriting Auctions Conducted on November 27, 2020

In the underwriting auctions conducted on November 27, 2020 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(₹ crore)
Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
(paise per ₹ 100)
3.96% GS 2022 2,000 1008 992 2,000 0.02
5.15% GS 2025 11,000 5,502 5,498 11,000 0.07
New GS 2030 8,000 4,011 3,989 8,000 0.08
6.80% GS 2060 7,000 3,507 3,493 7,000 0.73
Auction for the sale of securities will be held on November 27, 2020.

Ajit Prasad
Director   

Press Release : 2020-2021/694


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